Broken Pie Chart
275 episodes - English - Latest episode: 29 days ago - ★★★★★ - 16 ratingsThe Broken Pie Chart Podcast offers fresh looks at investment portfolio management, economics, markets, retirement planning, and more by simplifying and explaining important aspects of financial markets and the economy in easy to understand ways.
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Episodes
Do Target Date Funds Have More Risk Than People Think? | Historically Bad Year for Bonds
July 10, 2022 14:23 - 24 minutes - 22.8 MBThis week Derek Moore notes the historic start to the year in bonds given the rise in interest rates and how low they were at the beginning of this cycle. Then Derek discusses target date funds. Popular in 401k plans, many investors don’t fully understand what they are and the different types of risks inherent in them. Historic first half drawdown in the US Aggregate Bond Index What are target date funds? What is the glide path for target date funds? What the intent of target dat...
Crypto Winter | Bond Market Forecasting Recession?
July 05, 2022 23:05 - 49 minutes - 45.5 MBThis week Derek Moore is joined again by ZEGA Financial CEO Jay Pestrichelli to talk about the recent blowups in Crypto and review some contrarian picks that worked and didn’t work. Plus, what is the recent backup in rates in the bond market telling us about the probability of a recession and negative GDP for Q2? Yields backing off predicting a recession? Flattening & Inverted (once again) yield curve Crypto winter and blowups What is the bond market telling us? Contrarian corn...
Did All the Usual Inflation Hedges Fail Including TIPS Bonds? | What Goes into the Unemployment Numbers?
June 26, 2022 16:57 - 27 minutes - 25.6 MBThis week Derek Moore tries to answer the question of why things like TIPS Bonds (Treasury Inflation Protected Securities) down YTD are even though inflation is up. Plus, golds response to inflation. Finally, can we have a recession with low unemployment plus why Bitcoin thus far has not been an inflation hedge despite claims otherwise. Why TIPS bonds (Treasury Inflation Protected Securities) were down YTD even though inflation was up Duration risk and interest rate risk for bonds ...
Is Bitcoin Play by MicroStrategy CEO Michael Saylor Crazy?
June 19, 2022 13:13 - 25 minutes - 23.5 MBThis week Derek Moore discusses the news around MicroStrategy’s leveraged Bitcoin strategy and the impending margin call should Bitcoin close below 21,000. Why would a company put their cash in a volatile asset like crypto? Derek explains the situation and news coverage considering Bitcoin’s recent drop in price. How much Bitcoin does MicroStrategy hold? How much has MicroStrategy lost on Bitcoin? What is digital asset impairment charge due to Bitcoin drop? Leveraged Bitcoin stra...
This Is Not Dotcom Bust 2.0 | Do Stock Splits Still Matter?
June 13, 2022 07:12 - 25 minutes - 23.4 MBThis week Derek Moore discusses why Tesla’s 3-1 stock split and Amazons 20-1 stock split don’t really matter except potentially making them eligible to join the Dow Jones Index. Plus, some have made comparisons of the selloff in tech to the 2000 Dotcom crash. As Derek explains, they are different and not similar given the numbers then and now. Finally, Derek gives some surprising data points about who the number one weighted stock was in March of 2000 in the Nasdaq 100 Index. You’ll never gu...
GDP Components Explained to Spot Recessions | Deep Dive into Explaining GDP
June 05, 2022 13:39 - 30 minutes - 27.6 MBDerek Moore gives an in-depth explanation of each of the components that make up GDP. No, 2 consecutive negative quarters of GDP do not mean a recession! How to use GDP nowcasts to spot trends in GDP and spot recession risks. How the NBER declares recessions and what they look at. How is GDP calculated? What are components of GDP? What are the most important components driving GDP? Business investment vs consumer spending Government spending is not the most important aspect E...
How Long do Bear Markets Last? | Is Everyone Too Pessimistic about the Economy?
May 29, 2022 15:58 - 21 minutes - 19.8 MBDerek Moore is back to discuss historical bear markets. How long do they last and how long does it take to get back to previous highs? What lessons can we take from prior bear markets? Are people too pessimistic about the economy? Plus, why the high yield market may be in better shape given the maturity schedule. How long do bear markets last? How long after a bear market do stocks recover their losses? Are high yield bond underlying companies financially, ok? Did high yield bond...
Most Telegraphed Recession Ever? | The 4 Rs | Recession | Rates | Reduction of Stock Multiples | Russia
May 22, 2022 12:43 - 50 minutes - 46.2 MBZEGA CEO Jay Pestrichelli joins Derek Moore to discuss the current economic and market environment. Topics include the 4 Rs Recession, Rates, Reduction of Multiples (PE Ratios), and the conflict in Russia. Why the Fed raising rates may not help inflation Impact of Walmart and Target earnings results on net profit margin expectations End of 2021 market was pricing in higher margins and growth Earnings so far have held up well Earnings expectations have increased not decreased ...
Why Interest Rates Effect Stock Market Valuations
May 15, 2022 16:04 - 24 minutes - 22.8 MBDerek Moore explains why commentators on CNBC and Bloomberg have been talking about valuations coming down due to interest rates increasing. Why do interest rates matter to stock valuations? How would you explain it to someone? Plus, how all these inputs are estimates and can change over time. How to understand the present value of future cash flows DCF or discounted cash flow model Earnings estimates on the market for 2022, 2023, and 2024 Intrinsic valuation of the S&P 500 Index...
Markets and Midterm Elections | Way to Early Predictions
May 08, 2022 17:45 - 50 minutes - 46 MBSpencer Wright of Halbert Wealth is back on with Derek to discuss what races in the Senate to watch. Predictions for the House to flip Republican or say Democratic. And a way to early look at the 13 Keys to the White House and the state of things as they are now. Plus, what do markets historically do pre and post the midterm elections. How many 2022 Senate races are considered up for grabs? Reviewing the big edge republicans have in the generic ballot polls. What does win of one or...
Is Bad News Good News in Markets? | After Inflation Returns of Stocks Bonds Commodities
May 01, 2022 19:03 - 37 minutes - 34.3 MBZEGA Financial CEO Jay Pestrichelli is back to discuss what asset classes have the best real, after inflation returns historically. Plus, is bad news good news around economic releases as it pertains to chances the Fed can’t raise rates as much? What would a bad Q1 GDP print mean for markets? Then they discuss the volatility regime and touch on talk about recessions by Deutsche Bank. Does bad news mean good news if the Fed can’t raise rates as much? Talking real after inflation retur...
Netflix Drops 35% | Why Hedging Concentrated Single Stocks Makes Sense | Solving the Low Cost Basis Issue
April 24, 2022 13:31 - 22 minutes - 20.2 MBDerek Moore explains that drops like Netflix this week are not that rare in single stocks. There are tons of examples, especially around earnings releases. Why do people have concentrated portfolios? Diversification vs. single stocks. Problems with selling low-cost basis stocks. How to hedge large, concentrated positions. What caused Netflix to drop 35% after earnings? The risk inherent in holding large, concentrated positions in stocks Reasons investors hold concentrated stock p...
How and Why Bonds Make or Lose Money When Interest Rates Change
April 17, 2022 16:35 - 28 minutes - 25.8 MBDerek Moore takes listener requests by taking a deep dive into the how and why when it comes to market values of bonds changing. How to understand what duration is and why it matters to measure risk in bonds to changes in interest rates. What about mortgage-backed bonds? Bonds can be confusing, but Derek breaks down the terms so next time you hear someone talking on CNBC you know what they are referring to. What is a bonds duration in relationship to interest rates? How to calculate ...
Contrarian Take | Fed Raising Rates Will Increase Inflation
April 10, 2022 20:03 - 20 minutes - 19.2 MBDerek Moore gives a contrarian take on the Fed raising rates. What if raising rates causes a major component of the CPI to increase rather than decrease? If the Fed raises rates, mortgage rates rise, demand increases for rents, and owner’s equivalent rents rise? In this episode, Derek explains what is measured in the CPI and explains how OER or Owners Equivalent rent and rents are calculated by the BLS each month. What percentage of the CPI is housing? How is OER or Owners Equivalent...
Yield Curve Inversion | Inflation Effects on Earnings
April 03, 2022 21:19 - 36 minutes - 50 MBDerek Moore is joined once again by ZEGA Financial CEO Jay Pestrichelli to talk yield curve inversion. What is the yield curve inversion and why do investors care? Plus, reviewing historical precedent on prior yield curve inversions prior to recessions. What is the average time to recession from yield curve inversion? When has it not worked? Later, they discuss inflation’s effect US Large Cap earnings. What are the consequences from higher inflation? What about deflation? What is the y...
Death of 60/40 Portfolio? | Markets During Midterm Election Years | Hedging vs 60/40 Portfolio
March 27, 2022 19:31 - 52 minutes - 72.2 MBDerek Moore is joined once again by ZEGA Financial CEO Jay Pestrichelli to discuss whether now is finally the death of the 60/40 portfolio? A Bloomberg article points out when 10-year treasury yields move up or through long term channel resistance things happen. Plus, travel back in time to 1982 where we read some expert comments in NY Times article around predictions on interest rates. Finally, how markets have historically done in midterm election years. Bond yields spike while the c...
Inflation Misconceptions
March 21, 2022 02:00 - 26 minutes - 24.1 MBDerek Moore is back to talk about inflation and how there are some misconceptions about what happens if inflation subsides. At the same time, many things we use are enjoying decades long deflation making them cheaper to use. Hint: long distance calling. Plus, why low interest rates do and don’t cause inflation. Will raising rates reduce oil prices? Supply and demand is still king. What are some misconceptions around inflation? Inflation coming down is a reduction in the upward rate o...
When Do Oil Prices Matter? | Is Volatility Too High? | Components of S&P 500 Returns
March 13, 2022 20:12 - 59 minutes - 54 MBDerek Moore is joined once again by ZEGA Financial CEO Jay Pestrichelli to discuss why volatility remains high. How the VIX Index stays elevated even after the initial reasons subside. What is driving the market pricing of the S&P 500 Index and how it compares to prior 10-year periods. Plus, comparing this high oil price period to prior ones on an inflation adjusted basis. What are driving returns right now (earnings or multiples) Is the market getting cheap on a forward PE multiple ...
Risk Parity Strategy Explained | All Weather Portfolio
March 06, 2022 21:14 - 21 minutes - 19.8 MBDerek Moore explains in easy-to-understand terms what risk parity strategies are. Plus, he explains Harry Browne’s Permanent Portfolio and Ray Dalio’s All Weather Portfolio. How standard deviation is used and how some versions use leverage including futures to create risk parity weighted exposure. What are risk parity strategies? What are All Weather Portfolios? What is the Permanent Portfolio? Equalizing risk via standard historical deviation Using futures to create leveraged ...
Market Corrections | Returns Around Geopolitical Events
February 27, 2022 17:53 - 27 minutes - 24.9 MBDerek Moore relays how markets have done historically around geopolitical events. Plus, how being hedged allows investors to stay in the market. Interesting stats on markets 1-year later after drawdowns. It may surprise you. What the latest Russia/Ukraine situation means for inflation and interest rates. How markets perform around geopolitical events Does the Russia conflict increase inflation risks? Will the Fed raise interest rates less in 2022 now? Energy prices and inflation ...
Stock and Bond Performance After Fed Interest Raises Interest Rates | Inflation Expected to Be High in February
February 20, 2022 21:46 - 33 minutes - 31 MBDerek Moore explores how stock and bonds have done after the Fed starts raising rates. Is there any difference between when they raise greater than 1% compared to less than 1%? Why people should be surprised in March when February CPI numbers are released. More debate about what caused inflation. Plus, stocks continue to rerate with multiples contracting while earnings are up year to date. Examining stocks and bonds after the Fed starts raising rates Inflation causes February CPI rel...
US $30 trillion Debt w/ Higher Rates – Investors Want Hedges – Contrarian Corner
February 13, 2022 15:37 - 43 minutes - 39.6 MBJay Pestrichelli, CEO ZEGA Financial, is back with Derek to say congratulations to our government debt reaching $30 Trillion! What are the ramifications of high debt levels? What the interest on that debt could be if rates rise? Does this put pressure on the Fed NOT to raise rates so much? Plus, interest in hedging at the highest levels since April of 2020. Is that a sign of contrarian optimism for the stock market? And contrarian corner is back where we each give some contrarian picks that g...
Stock Multiple Rerating – The Yield Curve Message
February 06, 2022 16:18 - 32 minutes - 30.1 MBDerek Moore discusses how the recent selloff is due to a multiple contraction rather than an earnings one. How 2021 and now so far in Q1 22 stocks are rerating by shrinking the multiple. Plus, what the shape of the yield curve is telling us in light of expected Fed action on interest rates. Driver of stock prices multiple declines vs earnings expansion PE Ratios coming down on a forward basis Earnings estimates on the S&P 500 Index for 2022 only shrink nominally What is the yield c...
Intrayear Selloffs – Misleading PE on Russell 2000?
January 31, 2022 12:59 - 23 minutes - 21.7 MBDerek Moore discusses how markets have experienced selloffs but many times wind up positive at the end of the year. Plus, answering questions around small caps and the Russell 2000 Index ETF IWM PE Ratio. How the index differs from others in not including negative earnings in the computation. Then, watching latest inventory data reported this week. Intrayear stock market selloffs vs end of year total returns PE Ratios computation in Russell 2000 Index ETF vs S&P 500 Index PE calculatio...
Most Anticipated Fed Meeting While Markets Selloff
January 23, 2022 23:48 - 26 minutes - 24.3 MBDerek Moore discusses the recent market selloff while giving some perspective around this and others. Why is everyone waiting on pins and needles for the Jan 26th Jerome Powell Fed press conference. Plus, how markets retracing means valuations are coming back down, so long as earnings remain strong. Netflix meets on top line, and beats on bottom line but the streat was not a fan of guidance on subscribers. Probability of FED future rate hikes Netflix meats, beats, and dissapoints A...
Contrarians In the Market
January 16, 2022 11:00 - 1 hour - 61.9 MBDerek Moore is joined once again by ZEGA CEO Jay Pestrichelli to give a few contrarian takes on markets. What are the inverse of obvious trades when inflation is perceived to be continuing? How commodities have run but gold has disappointed. Plus, why the Fed raising rates might increase costs. Yup, that’s contrarian but we’ll explain on the podcast. Good news bad news market reactions Contrarian trade ideas Are FED interest rate expectations too much? Inflation continues as call...
Fed Minutes Worry Markets
January 09, 2022 20:31 - 20 minutes - 18.8 MBDerek Moore explains what was in those Fed minutes released last week that stirred up selling in the markets. What does balance sheet normalization mean? When are forecasters expecting the first interest rate hike? Is the Fed worried about the yield curve? Why did the Fed Minutes release rile markets Increasing the probability of the normalization of rate policy Removing accommodation by reducing the size of the balance sheet. What is balance sheet runoff? Fed comments on the s...
Doom and Gloom Predictions are Worthless + What Didn’t Work in 2021
January 02, 2022 16:09 - 25 minutes - 23 MBDerek Moore reviews asset classes like stocks, bonds, bitcoin, and gold. What investors thought would be a no brainer with higher inflation didn’t work. Plus, Derek goes back ten years and reads some bearish doom and gloom predictions for crashes that never came true. How wrong where they and why you maybe shouldn’t listen to them. Instead just invest but be hedged. 2021 Inflation hedges like gold lost money in 2021. Why the obvisous short bonds and buy gold showed less than steller ...
2022 Market Predictions
December 27, 2021 16:39 - 1 hour - 55.1 MBJay Pestrichelli joins Derek Moore to review some 2022 market predictions. You shouldn’t trade of these! Make sure to listen in a year to see what they got right, and what they got wrong. 2022 S&P 500 Index Year End Predictions 2022 Inflation 2022 Earnings on the S&P 500 Index Will the S&P 500 see multiple expansion, earnings growth, or both? Plus, Bitcoin, Oil, and Gold. Will there be a recession in 2022? What will GDP growth be in 2022? Mentioned in this Episode...
Desconstructing Stock Price - Earnings Multiple Expansion vs Earnings Expansion - Valuation Metrics
December 19, 2021 18:17 - 28 minutes - 26.2 MBDerek Moore responds to market pundits making 2022 predictions where they examine whether stock prices will see moves diven by changes in earnings vs PE multiples expanding. Also covered will be effect share buybacks have on earnings per share EPS. Then he compares Amazon and Apple forward multiples and share counts. PE Ratio EPS Earnings per share Calculate Market Cap Multiple expansion versus earnings expansion Forward PE vs PE Ratio S&P 500 2021 price driven by earnings ex...
Will The Fed Raise Rates?
December 13, 2021 14:38 - 30 minutes - 28.1 MBDerek Moore reviews the range of potential moves the Federal Reserve may take given rising inflation. Will the Fed reduce their monthly purchases? What does the Fed Fund probability tracker show the market is expecting interest rates to be? What about the trillions of dollars the Fed is doing in the Overnight Reverse Repo Market? Monthly Fed purchases of MBS and Treasuries $1.5 Trillion in Overnight Reverse Repos Fed Rate Hike Probabilities Chairman Jerome Powell gets more hawkis...
Market Pullback – Corporate Profit Margins At Decades High - Portfolio Risk Measures Explained
December 05, 2021 20:43 - 1 hour - 58 MBJay Pestrichelli is back to co-host with Derek where they simplify risk measures like Alpha and Sharpe. Then they discuss the market drop that started during the short post Thanksgiving day session. Later an inflation check in, corporate profit margins at multi-decade highs, the yield curve flattening, and oil prices. Markets pullback from highs Market valuations Alpha explained Sharpe Ratio explained Comparing portfolio managers through risk adjusted returns Comparison bench...
Markets – Oil Prices – Earnings – Covid Market Risk
November 28, 2021 18:39 - 27 minutes - 25.5 MBDerek reviews some key market themes including things to watch on corporate earnings, profit margins and more. Then he discusses the current situation around oil rig counts and inventories versus demand. Later Derek talks about how government responses such as lockdowns can impact the economy. S&P 500 Earnings Profit Margins at Decade Highs Multiple expansion Earnings expansion Difference between multiple expansion and earnings growth JP Morgan Guide to the Markets data Wha...
Stocks During High Inflation
November 21, 2021 17:31 - 23 minutes - 21.1 MBDerek is back to review data put out by OSAM showing periods of severe inflation, high inflation, and how stocks have done historically. How have bonds done during periods of high inflation? How common is severe or high inflation? Severe Inflation High Inflatipon Moderate Inflation or Fed Target Inflation Low Inflation Deflation How to calculate real returns after inflation Stocks and bonds performance during inflationary periods How common is high or severe inflation L...
Inflation Deep Dive
November 14, 2021 19:04 - 26 minutes - 23.8 MBDerek is back to discuss the recent media reports of highest inflation in 30 years. What is true and what isn’t? Plus he takes a deeper dive into inflation components, inflation sentiment effecting consumer beheavior, and sticky vs flexible inflation. Inflation at 30 year highs Today’s inflation vs late seventies and early eighties inflation Flexible inflation (CPI) vs Sticky inflation (CPI) What makes up the CPI index Year to date 5.8% inflation in 2021 How many years have w...
Bitcoin Another Tulip Bubble? – Crypto Affecting S&P 500 Index Volatility? – Fed Taper - Inflation
November 08, 2021 17:27 - 51 minutes - 47 MBJay Pestrichelli, CEO of ZEGA Financial, is back with Derek to discuss Nassim Talib’s comments that Bitcoin is another Tulip Bubble. Plus, the Fed announced a taper so now what? How companies putting Bitcoin on their balance sheet effects volatility. Nassim Talib's comments about bitcoin being another tulip bubble What was the Tulip Bubble? Cyrpto bleeding into S&P earnings and volatility Fed Tapering, Wage Growth vs Inflation Doom and gloomers are wrong so just be hedged. ...
The Housing Mirage?
October 31, 2021 22:56 - 23 minutes - 21.2 MBDerek is back to explain why homes may not be as unaffordable compared to 30 years ago. What the media may leave out when talking about home prices and inflation. Plus, quick update on container shipping prices and the week ahead for several central banks. What the media gets wrong about home prices After inflation, home prices haven’t risen quite as much Low rates mean more house Challenge with extending the terms on auto loans Importance of annualizing data Down payments no...
Inflation Misunderstanding – Jack Dorsey Says Hyperinflation Coming – GDP Now Atlanta Fed
October 24, 2021 18:59 - 26 minutes - 24.4 MBDerek is back to explain why inflation normalizing does not exactly mean lower prices. Jack Dorsey says hyperinflation is coming. What is hyperinflation and is he right? And who’s right the blue chip analysts or Atlanta FED’s GDP nowcast? Jack Dorsey says hyperinflation coming. Inflation compounds on itself. Illustrating how damaging 1970s inflation was Compare prices with a normalized inflation rate vs 1970s and early 1980s actual What is hyperinflation GDP Nowcast by the At...
Talking Tech Earnings – Jamie Dimon on Bitcoin - Social Security COLA – Latest CPI Numbers – Container Shipping News
October 17, 2021 18:32 - 47 minutes - 43.1 MBJay and Derek are back to together on the podcast to go back and forth on current event. Jamie Dimon thoughts on crypto COLO Adjustment Jay guest starring on Fox Mornings And Marie (well atleast on a panel discussion) Doing financial TV as a guest CPI latest numbers Container Shipping prices finally tick lower for the first time. Tech earnings releases How Tech companies perform before and after earnings releases Mentioned in this Episode: Contact Derek Mo...
Fed Taper | Unemployment | Inflation | GDP | Treasury Yields
October 11, 2021 15:48 - 21 minutes - 19.4 MBDerek Moore is back to discuss whether the Fed has any cover to not pull back on their monthly asset purchases. Plus, what is the employment situation? What about inflation and supply side supply chains? Are we nearing Stagflation? This and more on the program. Fed Taper Fed Asset Purchases Inflation Container Shipping Supply Side Issues GDP Now failing Stagflation US Treasuries Close Above 1.6% Unemployment Labor Participation Rate Mentioned in this Episode: ...
Political Risk – Debt Ceiling – Reconciliation - Budget
October 03, 2021 15:46 - 23 minutes - 21.8 MBDerek Moore is back to discuss political risk to markets and interest rates. What exactly is the budget reconciliation process? What is the debt ceiling and is there really a risk of default? What about the filibuster? Debt Ceiling Budget Reconciliation Process Continuing Resolution Inflation Supply Chain Issues Container Shipping Issues Infrastructure Bill $3.2 Trillion Budget Bill Political Risk to Markets Inflation Risk Interest Rates reaction to debt ceiling U...
Worst Month for Stocks – Evergrande – Inflation – The Fed Taper – Housing Starts - Hedging
September 26, 2021 18:06 - 1 hour - 58.4 MBJay Pestrichelli, CEO of ZEGA Financial is back to discuss key market themes including comparing September to other months. Guess Which month is the worst? Evergrande in China and what is going on with their bonds. The Fed Taper and interest rates. Economy and GDP growth slowing? Housing starts along trendline. Plus, myths about portfolio hedging. Evergrande in China China’s Three Red Lines Debt Policy Evergrande bond prices and ratings are pricing in defaults Evergrande is not n...
Stagflation Explained – Are We There Yet?
September 19, 2021 14:07 - 29 minutes - 26.9 MBGoogle web searches for the term Stagflation are spiking. More pundits are mentioning the S word. So what is Stagflation and what should be looking at to tell whether this is a real risk to the economy? What is stagflation How to measure slowing growth How to find CPI inflation data Where to follow unemployment and wage growth Why the Fed would be put in a box during stagflation Stagflation causes including supply side issues Fiscal stimulus the wrong thing if its supply si...
TIPS Inflation Protected Bonds Explained – Interest Rate Risk & Duration – and More with Marcel Benjamin
September 15, 2021 17:42 - 59 minutes - 54.7 MBMarcel Benjamin is back on the show for another appearance to dig into the details around TIPS Bonds (Treasury Inflation Protected Securities). How they work and why they are misunderstood by many. Plus, we discuss interest rate risk comparing high and low interest rate environments. Yup, even a little bond convexity primer! This was a great conversation that gives anyone a much greater depth of knowledge on an asset class that is a little more complicated. T Bonds and Bills: lower ...
Inflation – What to Watch – Supply Side vs Demand Side
September 06, 2021 15:07 - 34 minutes - 31.6 MBDerek goes beyond the headlines to look under the hood of the labor market, jobs, and unemployment. Plus, he reviews the container shipping issues and port delays, semiconductors now delayed over 20 weeks. Finally, he discusses whether the government stimulus for a drop in demand might have miscalculated the recession. Instead, what if it’s a supply side issue where falling supply and rising prices is the regime? Both demand shock and supply shock are covered so you can talk to your friends ...
Talking Inflation, All-Time Market Highs, Interest Rates, Covid, Housing, & More
August 29, 2021 15:11 - 47 minutes - 43.8 MBJay Pestrichelli, CEO of ZEGA Financial, is back to talk a walk around the markets to discuss both sides of inflation debate, interesting numbers around all-time highs, hedging, the FED, Housing Prices. Jay turns the tables and hosts asking Derek about the case for and against inflation being transitory. Transitory or Non-Transitory case for inflation Container shipping issues with inflation The Fed interest rate tapers and rate decisions Market at All-time highs Just best Hedg...
Bennett McDowell Guests to Discuss Trading Mistakes, Trading Live, Traits of Successful Traders and More…
August 22, 2021 22:07 - 1 hour - 85.9 MBTraderscoach.com founder Bennett McDowell joins Derek Moore. They hit the record button and what ensues is a free-flowing discussion around what common themes they see from successful investors and trades. Plus, what common mistakes they see repeated by those struggling to find their trading voice. Later they discuss trading live in front of an audience in a trading challenge. Favorite trading movies. And writing and publishing investment books. Bennett McDowell and Derek Moore reminis...
Build Wealth Not Regrets
August 22, 2021 15:46 - 21 minutes - 29.2 MBYou hear it all the time: start early contributing money to investment accounts. But just how big of a difference does it make? What about doing a monthly budget? Are detailed budgets more of a hassle than they are worth? How much money at various ages needed to contribute to build wealth? Why some budgets may not be beneficial The big items like cars, rent, and mortgages make an impact not your Netflix account What if you invested the difference? How to review your statements ...
Historical Market Returns: Useful or Useless?
August 08, 2021 20:43 - 30 minutes - 42.1 MBYou often hear people quote historical stock and bond returns. But are they useful to investors? What lessons can you take from them to help with your portfolio construction? What challenges do historical investment returns have concerning dividend reinvestment and commissions? What about bond historical averages given our low-interest-rate environment? S&P 500 Index Total Returns 1928- 2020 History of index funds and dividend reinvestment Treasury Bonds historical returns 1928-202...
Clues to Watch On Future of Interest Rates
August 01, 2021 18:49 - 23 minutes - 32.5 MBWatch CNBC or Fox Business for a short while and you are likely to see predictions on interest rates. But how would you see for yourself what the various futures markets are implying for future interest rates? Learn how you can look at the Fed Funds, Eurodollar, SOFR (Secured Overnight Funding Rate), and soon BSBY Rate futures to see into the future what market participants are currently thinking. Plus, many of you have variable-rate mortgages or home equity loans that are tied to the Libor ...